delete The Housing (Right to Buy) (Maximum Percentage Discount) (England) Order 2014
Sets the maximum percentage discount for Right to Buy property purchases in England at 70% under the Housing Act 1985. Applies to houses and includes transitional provisions for notices served before the Order came into force.
The Right to Buy discount system is itself a distortion of the housing market — subsidizing a subset of tenants to purchase public assets below market value creates perverse incentives, reduces social housing supply, and represents arbitrary wealth transfer. The 70% cap is an equally arbitrary figure that perpetuates this intervention rather than correcting it. Deletion would remove one more layer of government-managed pricing from the housing market, which remains severely distorted by planning restrictions, green belt policies, and NIMBYism. The housing crisis is a regulation problem; this Order exemplifies the mindset that government should manage discounts rather than allow market prices to prevail.